Registration of your Entity
You can register your entity depending on the organisation goals, capital structure, risk profile etc. in any of the following formats:
- Company Registration
- Limited Liability Partnership
- Proprietory or Partnership Firm
- NGO like Society, Trust, Sec. 25 Company
Statutory Compliances, Book keeping and Payroll
After the entity is created, the promoters of the business have to get their organisation registered with various government departments like IEC, VAT, Service Tax, Income Tax etc. There are certain other registrations beneficial for the business like MSMED (Micro, Small and Medium Enterprises Development Act), STPI registration etc. RMC assists the clients in getting the relevant registrations (like Value Added Tax, Turnover Tax, Central Sales Tax, Service Tax, Import Export Code, SMEDA, PAN, TAN, TDS etc.) done and enable the clients fulfill the timely filing of returns and following the other procedures.
Organizations need to follow certain procedures at various stages of operations for which RMC has the right solutions. RMC’s services for accounts outsourcing are structured to suit an individual client’s needs and requirements. The service involves preparing and maintaining day to day bookkeeping and monthly or quarterly management accounts.
The service involves helping the clients make necessary periodic TDS, Service Tax, VAT, CST, PT, PF, ESI and other returns
Entry Strategy for Foreign Companies
Most foreign companies that are interested in setting up their operations in India, do so by the way of a wholly owned subsidiary.
RMC will prepare relevant applications and liaise with the RBI to obtain permission under the Foreign Exchange Management Act (FEMA) with respect to investment into India by the foreign holding company.
A foreign company instead of having a subsidiary in India, can start their operations either through a branch office or Liasion office or through Project office following the neccessary procedures prescribed by the Reserve Bank of India (RBI).
RMC assists the foreign companies in the areas of obtaining permissions from the RBI for setting up Branch Office or approval for setting up Liaison office or Project Office in the shortest possible time.
Compliances for new companies
A newly incorporated company needs to comply with different provisions of companies and also to obtain certain business registrations based on the type of business it is into. RMC understands the requirements of businesses and different compliances to be made under different statutes.
Book keeping Service
RMC’s services for accounts outsourcing are structured to suit an individual client’s needs and requirements.
The service involves preparing and maintaining day to day bookkeeping and monthly or quarterly management accounts. These books can also be made as per specific client instructions.
The Foreign Exchange Management Act (FEMA) is a 1999 Indian law to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India.
RMC ensures compliance with various certifications, periodic filing / reporting or Foreign Direct Investment (FDI), External Commercial Borrowings (ECB), Overseas Direct Investment (ODI) etc.
RMC provides services in getting various business registrations required for the business based on the operations / activities of the company updating for any changes in the information or periodic filing of returns and updating for correction of the data if any.
Fixed Asset Verification
RMC provides Fixed Asset Verification Services, with the objective of verifying the Fixed Asset Register against those assets in existence.
Services to NRI’s
We offer host of professional services to Non-Resident Indians (NRI’s) and Persons of Indian Origin (PIO’s) settled abroad. Some of the services offered are:
- Allotment of PAN number
- Filing of Return of Income
- Wealth Tax
- Capital Gains
- FEMA / RBI Related Services
- Wealth Management Advisory Services
- Property Management